Solar Panel Cost Guide in Kearney, MO (Sep 2022)

  • Kearney Solar Installation Cost: $13,162
  • 25-Year Savings: $19,773
  • Payback Period: 10.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Kearney

We break down average solar pricing in Kearney.

The average cost of a solar system in Kearney is $3 per watt. Because a 7.3-kW system is needed to cover the energy consumption of a typical home in Kearney, the average price of going solar will be about $13,162 before claiming the federal solar tax credit of 30%.

The true cost of your system can go higher or lower than the average in Kearney depending on several factors, such as the brand of solar panels you choose and the solar contractor you hire. With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Kearney find investing in solar can pay off big.

To calculate your potential ROI and connect with a local solar installer, click the button below.

Solar savings over time in Kearney

Year Return on Investment
1 years $-11,845
3 years $-9,210
5 years $-6,575
7 years $-3,941
9 years $-1,306
11 years $1,329
13 years $3,964
15 years $6,599
17 years $9,233
19 years $11,868
21 years $14,503
23 years $17,138
25 years $19,773

Top Solar Installers in Kearney

Putting up solar panels on your own can be a difficult undertaking, which is why using a solar installation company is a good option for many homeowners. The payback period on an investment in solar panels will vary depending on factors like your location and energy usage, but working with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Kearney

Factors that Affect Solar Panel Costs in Kearney

There are several criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment Size

The size of the solar system you need for your home is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,590. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Kearney, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar companies in Kearney have solar loans, which reduce the initial cost of installing solar panels. Although solar loans make switching to solar energy more accessible for Kearney homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating in Kearney, and each can charge different amounts for labor and equipment. Additionally, some companies in Kearney are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.69 $11,313 $15,892 10.4 years
8 kW $2.64 $14,794 $21,480 10.2 years
10 kW $2.59 $18,130 $27,212 10.0 years
12 kW $2.54 $21,321 $33,090 9.8 years
14 kW $2.49 $24,367 $39,113 9.6 years
16 kW $2.43 $27,268 $45,280 9.4 years
18 kW $2.38 $30,023 $51,593 9.2 years
20 kW $2.33 $32,634 $58,051 9.0 years

Solar Incentives in Kearney

Name Local Option - Clean Energy Development Boards
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Solar Property Tax Exemption
Incentive Amount 100% exemption
More Info Click here

How to Save on Solar Panels

There are numerous companies available in Kearney, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.
  • Solar Panel Brands: Different companies offer various brands and models of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
  • Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
  • Contract: Before you sign a contract with a solar installer, make sure you look it over carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Kearney, MO Solar Cost FAQs

What is the average cost of installing solar panels in Kearney?

The average cost of solar panels in Kearney is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Kearney?

Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.

How will solar panels impact my property value?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Kearney is currently $185,097, so you can expect about a value of about $7,589 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Kearney is a worthwhile investment.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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